Federated Short-Term Daily U

Federated Short-Term Daily U.S. Dollar Fund, Ltd. is an open-end fund incorporated in the Cayman Islands. The Fund's objective is to provide liquidity and high current income. The Fund invests money-market instruments denominated in USD and have remaining maturity of 397 days or less and to maintain an overall WAM not to exceed 60 days and WAL of 120 days or less.